What Is Covered on a Condominium Insurance Policy?

If you own a condo, you may be wondering how condominium insurance works and what it actually covers. Unlike homeowners insurance for single-family homes, condominium insurance (often called an HO-6 policy) is designed specifically to protect condo owners from financial loss related to their unit, personal belongings, and liability.

Understanding what is covered on a condominium insurance policy can help you choose the right protection and avoid costly gaps in coverage.

What Does Condominium Insurance Cover?

A standard condominium insurance policy typically includes the following key areas of coverage:

1. Personal Property Coverage

This portion of your policy helps protect your personal belongings inside the condo, such as:

- Furniture

- Electronics

- Clothing

- Appliances

- Personal items

If your belongings are damaged or stolen due to a covered peril like fire, theft, or vandalism, your condo insurance can help pay for repair or replacement.

2. Interior Structure Coverage (Dwelling Coverage)

While the condo association’s master policy usually covers the building’s exterior and common areas, your condo insurance covers the interior of your unit. This may include:

- Walls, floors, and ceilings

- Cabinets and countertops

- Built-in fixtures

- Upgrades or renovations you’ve made

Coverage details depend on your association’s master policy, so it’s important to review it carefully.

3. Personal Liability Protection

Liability coverage helps protect you financially if:

- Someone is injured inside your condo

- You accidentally cause damage to someone else’s property

This coverage can help pay for legal expenses, medical bills, and settlements if you’re found responsible.

4. Loss of Use / Additional Living Expenses

If your condo becomes uninhabitable due to a covered loss, loss of use coverage can help pay for:

- Temporary housing

- Hotel stays

- Meals and extra living expenses

This ensures you’re not left paying out of pocket while your unit is being repaired.

5. Loss Assessment Coverage

If your condo association issues a special assessment due to damage in common areas (like a fire or storm), loss assessment coverage can help pay your share of those costs.

What Is Not Covered by Condo Insurance?

While condominium insurance provides broad protection, some exclusions may apply, such as:

- Flood damage (requires a separate flood insurance policy)

- Earthquakes (requires separate coverage in most states)

- Normal wear and tear

- Certain high-value items without added endorsements

Reviewing your policy with a licensed insurance professional can help ensure you’re fully protected.

Why Condo Insurance Is Essential

Even though your condo association has insurance, it does not fully protect you as an individual unit owner. Condo insurance fills in the gaps by covering your belongings, liability, and interior structures—giving you peace of mind and financial security.

Get a FREE Condominium Insurance Quote Today

Not sure if your condominium insurance provides enough coverage for your unit, personal belongings, and liability? Our licensed insurance specialists can review your condo association’s master policy, explain your coverage options, and help you find the right condominium insurance policy at the best possible price.

📞 (631) 629-2233
📞 (386) 274-8150

Call today for a FREE, no-obligation condominium insurance quote tailored to your condo, lifestyle, and budget.